Russia to support crypto exchanges in new framework
Russia appears to have ditched plans for a state-run cryptocurrency exchange, according to a new report. Instead, it is looking...
Regulation
bitFlyer implements FATF’s “Travel Rule” crypto restrictions
bitFlyer announced the Travel Rule restrictions will apply to TRUST-compatible exchanges across 21 countries. The exchange will also only allow...
Crypto exchange Bybit announces exit from Canadian market
Bybit will not accept new account applications from Canadian residents and nationals as from 31 May. Existing customers have until...
Binance begins transition to new regulated platform in Japan
Binance has said that the transition to the new platform is necessary to comply with Japanese regulations. Transition to the...
fostering responsible gambling for a sustainable ecosystem
GamStop was created in the United Kingdom to help gamblers get free help when they need it. A lot of...
South Korea officials must now disclose Bitcoin holdings
Korean officials are now required to disclose any crypto holdings above $760. The bill outlining the new law was unanimously...
White House questions impact of AI surveillance on workers
Officials in the United States are making efforts to keep tabs on the development of artificial intelligence (AI), as new...
SEC emails suggested XRP was not security
SEC emails suggest XRP doesn’t satisfy all Howey factors, John Deaton notes. The lawyer says SEC staff noted “reasonable grounds”...
Influencer served settlement demand via NFT following $7M token presale
A nonfungible token (NFT) influencer has been served with a settlement demand via an NFT — which casually dropped the...
Crypto exchange Zipmex applies for extension to moratorium
Zipmex says it filed for the court extension as it seeks to find a solution that suits its customers and...
UK could roll out crypto regulation within a year, says senior minister
Key takeaways Andrew Griffith has estimated that the UK could roll out its crypto regulation within a year. He pointed...
Kenya proposes 3% tax on cryptocurrency transfers
Kenya’s Treasury Secretary outlined the tax proposals in a document sent to parliament on 4 May, 2023. The 3% crypto...
Tax Authority Slated to Become Main Crypto Regulator in Russia
Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official...
UK High Court Rules to Set Aside Interim Proprietary Injunction Against Binance – Regulation Bitcoin News
A high court in the United Kingdom recently set aside a proprietary injunction that was issued against the crypto exchange...
Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months – Regulation Bitcoin News
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its...
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says – Regulation Bitcoin News
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the...
Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules – Regulation Bitcoin News
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According...
French Crypto Trader Jailed for 18 Months for Buying a Ferrari With Bitcoin – Regulation Bitcoin News
A French crypto trader, Thomas Clausi, is currently jailed in Morocco where he was convicted of the crime of purchasing...
Philippines Law Enforcement Busts Crypto Scam Center, Over 1,000 Human Trafficking Victims Rescued – Regulation Bitcoin News
Over 1,000 human trafficking victims were recently rescued from a “fraud factory” in Mabalacat, a town located nearly 90 kilometers...
Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says – Regulation Bitcoin News
Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the...
Liechtenstein Prime Minister Says Government to Accept Bitcoin Payments, Open to Investing Reserves in BTC – Regulation Bitcoin News
Liechtenstein’s prime minister has reportedly revealed that bitcoin payments will be accepted for some government services. “A payment option with...
‘Landmark’ Crypto Law Proposed in New York to Establish ‘Strongest and Most Comprehensive’ Crypto Regulations in US – Regulation Bitcoin News
New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most...
